Morrison Cohen Reps North Castle In Atkins Sale

By Leigh Kamping-Carder

Law360, New York (December 10, 2010, 1:52 PM ET) -- Investment firm North Castle Partners said Friday it had sold off Atkins Nutritional Holdings Inc., creator of the low-carb diet program, to private equity firm Roark Capital Group for an undisclosed sum.

North Castle, which focuses its investments in small companies in the health and wellness sector, did not disclose the terms of the transaction.

The Atkins diet program debuted in the 1960s, and now caters to several million customers across the globe, according to the company. Denver-based Atkins Nutritional is the second-largest retail weight management...